Will 3 mg THC beverages be federally legal to sell?

As of Tue, 20 Oct 2026 11:11:56 UTC, Kalshi traders price On Nov 16, 2026 (94.0%), On Nov 22, 2027 (71.0%), On Mar 15, 2027 (69.0%). The market has $64K in volume and closes on Sat, 20 Nov 2027.

Updated:

Current odds

OutcomeChanceYes priceNo price
On Nov 16, 202694.0%94.0¢6.0¢
On Nov 22, 202771.0%71.0¢29.0¢
On Mar 15, 202769.0%69.0¢31.0¢
On Dec 14, 202660.0%60.0¢40.0¢

Market details

Resolution rules

Each outcome is a separate contract with its own rules. The rules for On Nov 16, 2026:

If, as of the end of Nov 16, 2026, a hemp-derived beverage enclosed in a 12-fluid-ounce container that contains exactly 3 milligrams of naturally produced delta-9 THC (and no other cannabinoids) is treated under federal law as lawful to sell, then the market resolves to Yes. The Underlying for this Contract evaluates the federal legal status of a beverage that: is enclosed for retail sale in a single sealed 12-fluid-ounce (355-milliliter) container; contains exactly 3 milligrams of tetrahydrocannabinol in that container, all of which is delta-9 tetrahydrocannabinol naturally produced by, and derived directly from, a Cannabis sativa L. plant qualifying as hemp under 7 U.S.C. § 1639o as in effect on January 1, 2025, and none of which is synthesized or manufactured outside the plant; and contains no tetrahydrocannabinolic acid, no other cannabinoid of any kind, and no other substance listed in any schedule of the Controlled Substances Act. The market resolves to Yes if, as of the end of Nov 16, 2026, at least one of conditions (a) through (d) is satisfied: (a) Statutory and regulatory status: Under the federal statutes and federal regulations in legal effect, the beverage is not a controlled substance in any schedule of the Controlled Substances Act. (b) Judicial relief: One or more orders of a federal court of the United States are in full force and effect that bar the enforcement of the amendments made by Section 781 of Public Law 119-37, or of the CSA’s treatment of th…

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